Are on the unceded ancestral homeland of the ramaytush rahmytoosh ohlone olonee who are the original inhabitants of the San Francisco peninsula. Responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. Territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors, elders, and relatives of the Ramaytush Ohlone community and by affirming their sovereign rights as first peoples. Thank you natasha item thank you natasha item 2. Opportunity for the public to comment on any matters within the committees jurisdiction that are not on the agenda. Please line up at the 30e78d limited to 3 minutes per speaker. For the record there are no inperson comments. No telephone . unintelligible . Announced last time. All right. Then. Okay. Great. Three. 3. Discussion item possible action approval with possible modification of the minutes of the december 4, 2023, meeting. Okay. Id like to make a motion to approve. Id like to fill in the gap. Was in the item. On um, the Public Safety bond Service Pardon me program for 2016 was a gap in the tape recordering of the meeting and one of the comments was lost one was under project schedule page 29 the document they gave us a bullet second bullet item that was scheduled clearing throat the project final completion pushed to the First Quarter 202324 for the dph asked for the post my question about that what was side supposed change order will be what is the purpose of the post occupancy change order this is the answer is what the record is complete. We can aimed the minutes afterwards. Call me and well elaborate on that and clarify. Any more discussion. Member pantoja ill second the motion. Can you take a vote, please. Oh, and member crawford, aye. Member larkin, aye. Member pantoja, aye. Member sanderlin, aye. Member tung. The item passed move on to item item 2015, 2016, and 2019 Affordable Housing bond programs and possible action by the committee in response to such presentation. Good morning next slide, please. Thank you very much. Good morning member crawford and Committee Members im andrea gremer, Mayors Office of housing and Community Development. And im joined by my colleagues the Deputy Director for finance and administration and our Deputy Director for housing and johnny oliver, Mayors Office of housing and Community Development. And were going to give you you think update on the general Obligation Bond more Affordable Housing. And the agenda for this were going to start with a brief overview of the bonds and specific update on the 2015 and 2016 and next to my colleague johnny for the safety program. Id like to start what the overview. Um, every year theyre a little bit different and but i see first bullet. And for the bond i dont think anyone across the country 3d know we have a housing problem. I read an article about housing the poster child for Affordable Housing for that reason and target specific communities name employee that extremely low income and low income and medium income the categories by the percentages unintelligible . Our bonds are a little bit different than other cities bonds. And typically when the issues of the bonds really for one or two for large projects the city accesses the contractor unintelligible . You with the Affordable Housing and well only build 1 or 2 Affordable Housing project and only like a couple hundred units and in the portfolio and not an sufficient way i dont think we work with the benefit organizations partners and with project sponsors and will lend them money for part of the a project. And theyll go out and gather other Funding Sources and well deputy a property and for the general contractor and they own that at the end but the general Obligation Bond are one of several Funding Sources. But what is nice about the Committee Money it is cheaper so jump start the process and unintelligible tied to a project. So today were to talk about the its been a long time coming. Bond and prop a the 2024 that will add another 300 million to our Affordable Housing. Move on to 2015 general Obligation Bond update this is a 310 million bond passed in november of 2015. We have completed all three with the 5 funds as for 2030 a summary listed the categories were spending unintelligible and as you can see we are heavily invested in the low Income Housing 50 percent of the bond. And spined down timeline for the first and second issuance will be spent by mid 2024 and those are responses very shawl will either be reallocated and unintelligible . The third bond issuance by the end of 2024 and if you remember from last year im sure you do a lot of that is related to 26 million allocate to the educator project that is underway and for 26 million that means that the few items make up that balance are one of the project and those balances are related to the items accepting that to spend in the next few months and a small balance were to see spent by the end of 2024. This is your unit prediction summary for the 2015 bond by representative wilson where they are in development as you can see across the bond were projecting to add over 15 hundred units to the portfolio and have been completed. This is the rescinding of the educator project that is in construction and were desperately to be done by the end of this month. Ill take any questions on the bond that you have. Moving under there we say completion that is unintelligible by the end of this year. Yes. So when this comes to like finding money for the contractors and developers and i saw a list of contractors which were doing that when did the size of the project shooting for kind of like a duplex, if you will, but bigger projection is that the case . Yes. It really depends on which categories were talking about we have money set aside for a smaller more renovation that projects than the departments and um, you had a question around the small sites happen often or 4 units what is small . So a minimum is 5 units on average by respected we see in small sites and purchasing large sites is over 25 units. That answers my question. Thank you. All right. Move on to the r69sd bond update this is a 600 million bond passed in 2019 twice as big the 2015 bond with the first two issuance and we are planning to have the issuance raw figuring out which project and expecting issuance about the end of 2024. These are the bond project summarizes and the categories by ordinances as you can see we are heavily invests in the more than a third of 600 million and this is added to 5 categories senior projects. The spending by categories. From the last slide we have completely issued the category housing funds and projecting to spend by the end of 2026 and the housing is 84 percent issued and in income and preservation and projected to be fully spent in 2027 that Senior Housing really will be the bulk of this issuance. And Senior Housing will be more than one hundred Million Dollars. But we have four identified projects at the predevelopment to spend that money. And same thing with the educator housing the money will be issued by that to identify the education educator projects and a little bit different from the map we broken down a couple of categories in different colors with the down payment assistance and the and then multifamily development units. And cannabis in the production summaries and the project busy a number of units and where they are in development and the 2015 twice as many units right now really where they are in development not quite unintelligible 13 hundred in construction and 5 hundred. And ill be happy to answer any questions you may have. On the 2019 bond. I have a question about the preservation category can you talk about that. Great. February. laughter clearing throat any other questions on the. Really quick defining order the last slide clearing throat was a project on the map in the Inner Richmond district the development on the corner of 6 and geary multiple voices . With the housing. Have i check is on. Im pretty sure thats where it is. T n d c excuse me 201. 201 that sounds about right. Why think that project is funded by the 2019 bond um, i have to go back and look at the address what that project is. Yeah my apologies. It looks like it is 5 or 6 stories high i came on the bus. Excellent. I mean it is between 81 and 120 units so all right. Im going to turn it over to johnny to talk about the next one. The Public Safety program no audio . The Affordable Housing general Obligation Bond 2016 are past loan product was voted on by voters in 2015 for the existing bonds up to 260 million for the Affordable Housing that the marketrate conversion for detachment and the building stock. 80 percent ami and the maximum is 120 per ami the prohibition for the rehab work and to unerrors the building for rehab and we have talked about 25 units large sized unit and whether those includes sros and new construction not eligible for the acquisition and some level of rehab will be available. And jump over it provides for rehab it is one of the only resolution we offer for that the blow the Interest Rate and we offer a 40 year alone term for the market and Interest Rates 2019 was an average of 20 that is 4 and series b was issued in 2020 and expecting our 2024 assuming we do allocate the fund. 5. 75 what were estimating and not sure of the date yet waiting for the preservation but sometime in may of 2024. And also to add in series filed allocation have 90 billion left and want to talk about the changes to the program post covid due to the number of units were rent due to the delays in the rent have increased the debt from one point one to 1. 5 and have more cash flow and challenges we also are bundling projects together and talk about 5 and 4 unit buildings together and a cost savings across the site. And it is all i have on the program ill be happy to answer any questions you may have. Okay. Can you take Public Comment this is a oh, yeah. I answered it okay. Good. Questions . Thank you very much. Public comment. Yes. And members of the public who wish to add Public Comment on those for the record no inperson Public Comment. On this item. Move on to item number 5. 5. Discussion item possible action liaison report on the 2008 and 2012 clean and safe park go bond programs. If you good morning to everyone here and commissioners. Um, so, yeah at the last meeting i missed my report so a brief report i met with stacey from the rec and park and shannon with the port of San Francisco. Ms. Bradley had several projects including trails and mini parks and playgrounds are wellreceived and in the process of being completed. Especially fond of the completion of the Fitness Court at lake merced walking past that for a few months and to my delight the fence was down and a Fitness Center and they have the so im excited about that playground for adults and the port and our Parks Department are maximizing funds, you know, is a in fact, with the king park that is, i live up the street from that 0 is thats my report i see that all over the city. Thank you member pantoja. Is there any discussion or questions . Okay. Natasha take Public Comment. Members of the public line up at the podium and limited to 3 minutes per speaker on the record no inperson Public Comments. Thank you move on to item 6. 6. Discussion item possible action liaison report on the earthquake safety eser bond program. Thank you. Happy to present in liaison report. My liaison report is an update on the issuance and report out on the east corridor and report on the discussion i have with the project managers and in terms of status the program has bond measures in and under the 400 million authorization replacing staff is looking to clous close those out and relatively small amount of for the 2020 the bonds have issuing an aggregate of one hundred and 59 million and there are several components to it it the ones ill highlight with the fighter the facility station the disastrous for the joint project between the Emergency Response team and recreation and then the 911 response. There is more detailed information on the status of this project and done by puc Public Utilities commission and covered the quarter so any comments include the information in those reports and thank you for the Public Utilities commission for the transparency and might have as well as other interested parties. And a few not able items in the report one i think the Fire Training facility in the portion of the neighborhoods fire station at the 2020 bond will be noted that other venues but cost escalation is crowding out the fund that otherwise will be available for fire stations we have rehabilitation and understanding the inflation across the programs given the size and how much of funding in 2020 bonds and not able projects will be completed within that and i think we understand that the city of our size and the amount of infrastructure we have already been continuing to modernization so the fire stations and other projects not completed in the this bonds will be considered in the next future bond is in 2027 or 28 go back to the voters. And the other product id like to the Disaster Response and in this particular project want to express in any appreciation for the staffs thoughtfulness in approaching this as is disaster and emergencies and as recreational purpose on the day to day basis making the most of bond dollars. For the facilities tour we toured the projects earlier this month so thank you for joining me and thank chief miller for the appropriation to make it happen we visited three facilities in embarcadero and pier 22 and a half and fire station 8 that is it in south of market and fire station 5 and selected those projects to how the Bonds Program is 0 executed and the fire station not on the modernization but before and after comparison and contrast and fire station 35 is unique for as the fire station . A impressive facility and, of course, the fire boats are dispatched along the bay with the providing an essential function and facilities for fighting water and fire station 8 is in need of capital work the excuse me the firefighter at the station work around the layout and the typical system in order to provide their mission but um, that fire station as a exists today didnt because of equipment and other needs so obviously, nodding in fire station that was opted out in the location the difference between fire station 8 and 5 are yourself and appreciate the thought in fire station 5 for the interior and exterior on the premise and in increment weather and thank you for everyone that was involved in those and finally, to wrap up any report i did a discussion with the project managers and thank you, 40 for the project manager and all the project manager for their time we talked about those with antidotes for the clarity own this topic for example, discussed the Parking Facility we had i previously mentioned and spoke to the project manager 75 for Greater Transparency with the for example, and Infrastructure Requirements as i understand that the requirements for the facility power versus secondary power between penalizing and that project costs and continue to have discussions with the staff to better understand that and with following up on the capital programs we starting with some highlevel discussions with the project managers and with the puc for more detailed conversation that concludes my report. For the bond program. Thank you member tung for that thorough report and natasha any questions or comments. From the committee. I was able to tour with kim and thank you for that was quite a few of the an experience we saw some of the best facilities and we saw some of the worst of the older facilities it is running the fire the firefighter at the housekeeping it together for the construction background fixed their own lights i mean basically when member tung they use the micro wave and the refrigerator goes out that was you know, we have the best facilities and to get them up to par in San Francisco have a lot of um, building and different buildings with the fires house to see who they respond they do that as their light at the end of the tunnel along with their facilities we love their firehouse a long history i think important we continue to help our departments so those are any comments and it was that was the fire was awesome so, thank you. How old is that older facility . I think it is with designed for horses and carriages and is so old the plumbing is actually i think that is like after the earthquake like those hidden areas to get the plumbing to work right and get to the it is just been built their laundry they are washing their gear it was an open ear and closed with a skylight the skylig